O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2021 · Q81 Mark
The table shows the quantity demanded at different prices. price $ quantity demanded 6 3 5 4 4 5 3 7 2 9 For which fall in price is the demand price-inelastic?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Afrom $6 to $5
Bfrom $5 to $4
Cfrom $4 to $3
Dfrom $3 to $2
✓ Correct answer
D: from $3 to $2
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